Liability, accident, family contents? This is the insurance coverage that trainees completely want | EUROtoday

Many younger individuals at the moment are beginning an apprenticeship. This is the primary time they’ve their very own revenue, which supplies them utterly new freedoms. But this additionally brings with it duty. Now it's time to maintain their very own private safety. However, there are a selection of pitfalls lurking.

At the beginning of their coaching, insurance coverage brokers typically method trainees, luring them with low cost presents or stating supposed gaps of their insurance coverage. “Trainees should not let this unsettle them,” says Sandra Klug from the Hamburg Consumer Advice Center. “Not every insurance policy is necessary.”

Health insurance coverage is often required. The contributions are paid instantly by the employer, however trainees can select the insurance coverage firm they need to use. Since the providers supplied by statutory medical insurance firms are about 95 p.c similar, it often is sensible to easily select the most cost effective one.

The monetary variations are sometimes important. With a coaching allowance of 1,066 euros per 30 days – this was the typical in 2023 based on the Federal Institute for Vocational Training – it can save you nearly 200 euros per 12 months. Money that can be utilized for different insurances.

The first precedence ought to at all times be private legal responsibility insurance coverage. This is vitally essential as a result of it covers you if the insured particular person causes injury to a 3rd celebration. In the worst case situation, such injury can run into the thousands and thousands, and with out insurance coverage, lifelong wreck may be the outcome. Then monetary freedom might be gone as shortly because it got here.

Many trainees are nonetheless coated by their dad and mom' legal responsibility insurance coverage. However, this solely applies if they aren’t married and that is their first vocational coaching. The dad and mom should even have such insurance coverage themselves. “If this is not the case, trainees should definitely take out their own private liability insurance,” advises Klug. There are presents for trainees beginning at 40 euros per 12 months.

Private occupational incapacity insurance coverage?

“It is also advisable to take out private occupational disability insurance, which kicks in when insured persons can no longer work at least 50 percent of the time in their last job due to illness or an accident,” says the buyer advocate. This is especially related for these beginning out of their careers, as they don’t have any entitlement to help from the statutory pension insurance coverage in the course of the first few years within the job and solely insufficient entitlement thereafter.

In basic, younger individuals profit from the truth that the premiums for occupational incapacity insurance coverage (BU) are often very low for them. However, this isn’t at all times the case, as the prices are based mostly on the insured particular person's occupational group and their earlier sicknesses. If the circumstances are unfavorable, BU can merely grow to be too costly for some.

In this case, accident insurance coverage could also be another: it solely pays out within the occasion of an accident and due to this fact not, for instance, if an worker turns into incapacitated as a result of sickness. However, it’s significantly cheaper and presents not less than a sure stage of safety. In basic, nonetheless, accident insurance coverage is without doubt one of the much less essential types of insurance coverage.

Home contents insurance coverage is hardly worthwhile for trainees. Firstly, they should have their very own house, and secondly, the house ought to comprise furnishings whose worth makes insurance coverage vital. However, this isn’t the case with a number of gadgets from a furnishings discounter.